Car sales dropped 5.18% in June, the second straight decline, according to the Society of Indian Automobile Manufacturers or Siam. Ltd, General Motors India Pvt. Even as passenger vehicle sales in India have advanced for 12 consecutive months, mainly driven by newly launched sports utility vehicles (SUVs), car sales have hit the slow lane. Ltd, Honda Cars Ltd and Renault India Pvt. Other manufacturers such as Ford India Pvt.

Source: Mint July 21, 2016 22:22 UTC